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Russia Trade Contract with Bahrain

Import and export of goods with Bahrain — a bilingual EN/RU contract for the bank in 5 minutes. CISG not ratified, settlements in USD or BHD

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Contract type

Which contract fits working with Bahrain

Four contract types — for any deal structure with a Bahraini partner

Import of goods from Bahrain

A Russian company purchases goods from a Bahraini supplier: petroleum products, aluminum, textiles, and food products.

Export declaration in Russia
Settlements in USD or BHD (pegged to USD)
SWIFT via Bahraini banks
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Export of goods to Bahrain

A Russian company exports metal products, grain, fertilizers, and chemicals to the Bahraini and GCC market.

Export declaration in Russia
Certificate of origin (CT-1 or EUR.1)
Common GCC external tariff
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Import of services from Bahrain

A contract for services from Bahraini companies: finance, IT, logistics.

No customs clearance for services
Currency control under 173-FZ
SWIFT payments without restrictions
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Export of services to Bahrain

A contract for providing services to Bahraini clients: construction, IT, consulting.

No customs clearance for services
Revenue repatriation under 173-FZ
0% VAT on service exports
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Good to know

Trade specifics with Bahrain

Key terms to reflect in the contract

USD or BHD — both options are safe

The Bahraini dinar is firmly pegged to USD (1 BHD ≈ 2.66 USD). There is no exchange rate risk. For simplicity, use USD.

BHD/USD · fixed rate

CISG not ratified — specify governing law

Bahrain has not ratified the CISG. Bahraini commercial law (Decree-Law 7/1987) applies — specify the governing law explicitly. BCDR (Bahrain Chamber for Dispute Resolution) is recommended for dispute resolution.

No CISG · specify law

173-FZ: revenue repatriation

A Russian exporter is required to repatriate proceeds. Specify clear payment deadlines in the contract. A unique registration number is assigned for amounts from 3 million RUB.

173-FZ · repatriation

Transit hub for the GCC

Bahrain often serves as a trade intermediary for shipments to Saudi Arabia, Qatar, and Kuwait. Confirm the final recipient of the goods.

GCC · transit
FAQ

Questions about trade contracts with Bahrain

Answers to the most common questions

Yes. The export declaration is filed in Russia; in Bahrain, the buyer files an import declaration in accordance with GCC requirements.
Request the company's Commercial Registration (CR) number. You can verify the company through the official registry at sijilat.com.bh.
BHD or USD. Both options are safe: the dinar is pegged to the dollar at a fixed rate of 1 BHD = 2.659 USD.
Metals and metal products, petrochemicals, grain, fertilizers, and food products.
No. Bahrain has not ratified the CISG. Bahraini commercial law applies — specify the governing law and arbitration (e.g., BCDR) explicitly in the contract.

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Other destinations

Trade contracts with other countries in the Middle East

The same bilingual contract — tailored to each country’s specifics

🇰🇼 Kuwait 🇴🇲 Oman 🇮🇷 Iran 🇮🇱 Israel 🇱🇧 Lebanon 🇸🇾 Syria 🇹🇷 Turkey All countries →

Russia Trade Contract with Bahrain: Key Features

Bahrain is a financial and trade hub of the Persian Gulf. The country serves as a gateway for trade with the GCC region and is actively developing its non-oil sector.

Bahraini company details

The contract should specify the Commercial Registration (CR) number, the company's full name, address, and the Bahraini bank's details. Verification is available through sijilat.com.bh.

Currency and settlements

The Bahraini dinar (BHD) has a fixed exchange rate against USD (1 BHD = 2.659 USD). Settlements via SWIFT face no significant restrictions.

CISG and arbitration

Bahrain has not ratified the CISG. Bahraini commercial law (Decree-Law 7/1987) applies — specify the governing law explicitly. For dispute resolution, BCDR (Bahrain Chamber for Dispute Resolution) — a recognized regional arbitration center — is recommended.

Logistics

The port of Khalifa bin Salman (Hidd) is a modern container terminal. The route from Black Sea ports via the Suez Canal takes 20–28 days.